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On 26th Nov 2019, Fitch ratings said the Novartis' $9.7bn acquisition of The Medicines Company had depleted the company's leverage headroom. Choose the best answer
On 26th Nov 2019, Fitch ratings said the Novartis' $9.7bn acquisition of The Medicines Company had depleted the company's leverage headroom. Choose the best answer among the following statements. Large, debt-funded acquisitions can put pressure on credit ratings unless: They are mitigated by greater share buybacks They are mitigated by reduced dividends They are mitigated by more capital expenditure. They are mitigated by more borrowings. They are mitigated by more acquisitions
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